The Technical Sub-Committee on the Naira-for-Crude Policy met at the Ministry of Finance Headquarters to reiterate ...

The naira on Friday fell to a new low of N1,590 in the parallel market also known as black market following shortage of ...

The Central Bank of Nigeria (CBN) has called for immediate action to curb the practice due to the growing trend of illicit ...

Nigeria’s naira slipped against the dollar after softer oil prices and lower local money market rates disrupted its recent ...

The Central Bank of Nigeria (CBN) has raised concerns over the growing trend of illicit transactions involving banknotes.

The naira defied the Central Bank of Nigeria's policy interventions as it depreciated against the dollar at the official ...

The naira fall has driven Nigeria’s competitiveness to a 25-year high, with the nation’s trade surplus rising to its highest ...

Chatham House, a United Kingdom (UK) international affairs policy think tank, has warned the Nigerian government against ...

The Nigerian currency showed minimal changes in the Nigerian FX market despite a weaker dollar in the global market. The ...

Nigeria's state oil company NNPC Ltd has begun discussions with the Dangote Oil Refinery to extend its contract for supplying ...

Mr Adedeji said there has been no decision at the policy level to discontinue this approach nor is it being considered.

By Elizabeth Adegbesan The Naira yesterday depreciated to N1,570 per dollar in the parallel market from N1,545 per dollar ...